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Industry ‘putting words into action’ on tech

Innovation, disruption and adoption of new technologies is gathering pace in insurance, according to a global IT services group.

“We have been talking about that a lot as an industry, but now we are starting to see the traction,” DXC Technology’s Industry Marketing Manager Louise van der Kraan told insuranceNEWS.com.au.

“We are seeing not so much a change in the level of interest, but a change in the scale of the adoption.”

Ms van der Kraan says more organisations are considering the benefits of partnering as they broaden their engagement and adapt to the rapidly changing environment.

Next month’s DXC Insurance Conference is based around the theme “engage” and will include general keynote presentations and concurrent sessions targeted at different sectors.

The general and reinsurance session will cover issues such as the dichotomy of innovation versus businesses as usual, and distribution to Millennials.

The broker session will examine market dynamics and disrupters, challenges and opportunities, and how the broker platform of the future may look. A third session will focus on life insurance and workers’ compensation.

Speakers include executives from AIG, PwC, Guy Carpenter, Telsyte and DXC Technology.

Winners of a DXC insurtech competition will be announced at a networking drinks function after the conference.

The half-day conference and drinks will be at Doltone House Hyde Park in Sydney on May 8, while an executive lunch will be in Melbourne the next day.

More details are available here.